New South Wales Consolidated Acts

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Withdrawal and removal of priority notice

74X Withdrawal and removal of priority notice

(1) Each of the following persons may withdraw a priority notice, in the approved form and in the manner approved by the Registrar-General, at any time before a priority notice ceases to have effect:
(a) the person who has lodged a priority notice or whose proposed dealing is protected by the notice,
(b) an Australian legal practitioner or licensed conveyancer who is representing that person.
(2) The Registrar-General may remove a recording in the Register of a priority notice if the Registrar-General is satisfied that:
(a) the notice has ceased to have effect, or
(b) the notice does not relate to the land to which the notice purports to relate, or
(c) the dealing or dealings to which the notice relates are unlikely to be lodged or recorded in the Register before the notice ceases to have effect, or
(d) the person who lodged the notice has not provided evidence required by the Registrar-General under section 74T (5) within the period specified by the Registrar-General.

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